Investment and funding

The Trustee’s objective with the Scheme investments is to make sure that there is enough money in the Scheme (assets) to cover the expected cost of providing all future benefits to members (liabilities).

The Scheme’s current investment strategy has two key elements:

• It diversifies the investments over a wide range of managers to reduce the investment risk.
• It reduces the interest rate and inflation risks on the Scheme, through the use of liability-matching investments. The Scheme’s investments continue to perform well against the benchmark.

You can read more about the investments in Horizons.

You can also read the Statement of Investment Principles [PDF] and Implementation Statement [PDF].